At the core of our training for over 35 years has been our regional sessions across America with Mike Gasior our founder. We are excited to be offering three of our most popular programs during 2025 in five major U.S. cities, all with convenient access to their respective airports making these courses a must for any staff working with the investments of your firm. Our final offering to our clients in 2024 will be an in-house session for clients regarding their preparation of the Statutory Annual Statements for the 2024 reporting year for a flat fee.

The “Year-End Investment Schedule Preparation for Insurance Companies 2024” program is critical for the staff that has any responsibilities for the creation of the schedules that report an insurance company’s Statutory Annual Statement filed with the insurance commissioner’s offices in every state in which your company conducts business.

I founded AFS Seminars in 1989 as a training and consulting company and the insurance industry was my primary audience for nearly our entire history. One of the very first programs I created was a one-day course for the vast variety of staff called upon to create the investment schedules required for the statutory quarterly and annual statements that you file with every state in which you do business.

While much training has moved to Microsoft Teams, Zoom and other video conference formats, I still think there is tremendous value of getting the various departments who contribute to these statements in a room together along with others who can gain valuable information from them like your internal and external auditors so I can take them on a tour from the beginning to the end of these schedules to the end while addressing Pacific Life specific issues among colleagues. For those who work remotely, I welcome them to participate via video remote for the same all inclusive cost.

Our pricing for the 2024 program is a completely flat $5,000 for an unlimited number of participants attending in person and remotely. Your staff will be guided through the schedules and I will also be updating them on any changes required by regulators for the 2024 reporting year. The course description is as follows:

Year-End Investment Schedule Preparation for Insurance Companies 2024

Schedules D, DA, DB and DM (and IMR/AVR for Life/Accident and Health Companies)

With trillions of dollars invested in futures, options, mortgage and asset backed securities as well as corporate stocks and bonds, insurance companies are a driving force in the securities market today.

Schedules D, DA and DB help with the evaluation of yield and top-performing securities, as well as short- and long-term investment activity. Data is available for Property/Casualty, Life/Accident/Health, Health, and Title companies and are invaluable to auditors, accountants and management for the evaluation of investment holdings.

The following list details a small portion of the wealth of information available. The CUSIP number and description are the keys to these schedules and are included in each one.

  • Derivatives

  • Potential Exposure

  • Interest

  • Date of Maturity and Option

  • Actual Cost

  • NAIC Designation

  • Year and Date Acquired

  • Rate Per Share

  • Strike Price, Rate or Index

  • Fair, Statement, Book and Par Value

  • Gain/Loss on Termination

Course Schedule for the “Annual Statement Investment Schedule 2024” Program

9:00 - 9:15 Introduction/Course Objectives

9:15 - 9:30 The Annual Statement & Codification

9:30 - 9:45 Summary by Country

9:45 - 10:30 Schedule D - Parts 1A & 1

10:30 - 10:45 Break

10:45 - 12:00 Schedule D - Parts 2, 3, 4, 5 & 6

12:00 - 1:00 Lunch

1:00 - 1:30 Schedule DA - Parts 1 & 2 - Supplement to DA

1:30 - 2:30 Schedule DB - Parts 1, B, C, D, E & F

2:30 - 2:45 Schedule DM and Proposed Changes for 2025

2:45 - 3:00 Break

3:00 - 4:00 IMR/DVR (Q&A for non-Life Insurance organizations)

Email: mikegasior@hotmail.com

Office Phone: 860-347-6568

Mike Gasior - Direct Cell: 860-834-9127 (Call me on this number first)

Let’s all enjoy these coming holidays, but know that we are here waiting to help when the hard work begins very soon.